Central Banks
ECB minutes reveal concerns over euro strength
Single currency has risen almost 6% over last three months, touching $1.1906 - highest since January 2015
China FX reserves rise for sixth consecutive month
PBoC figures show $24 billion increase, bringing the total stockpile of reserves to a nine-month high
EM prices could suffer in September – Swissquote
If the ECB starts tapering, emerging markets could take a profound hit in the short term
Swissie’s fate now depends on ECB, strategists say
Sudden directional turn in EUR/CHF is a welcome relief for the SNB, even though the move to 1.15 is thanks to the ECB
China FX reserves rise for fifth consecutive month
PBoC figures show $3.22 billion increase, resulting in fifth monthly reading above $3 trillion
Dollar downturn will push investors abroad, panel says
International markets back in vogue as dollar enters bearish cycle and overseas peers raise rates
Renminbi's share of payments rises slightly in May
China’s currency regains position as sixth most used currency for global payments in May, with 1.61% share – Swift data
China FX reserves rise for fourth consecutive month
PBoC figures show $24 billion increase, resulting in fourth monthly reading above $3 trillion
China tweaks the fix
CFETS announces intent to introduce a countercyclical adjustment factor to the USD/CNY pricing mechanism
Renminbi’s share of global payments slips behind Swiss franc
Decline in the Chinese currency’s internationalisation continues as it loses its ranking of sixth place globally – Swift
The FX Global Code of Conduct webinar
Guy Debelle, Simon Potter, David Puth and Chris Salmon discuss the GCC on the day they launched the principles
Central banks establish GFXC to monitor Global Code's progress
Public and private-sector partnership will include 16 central bank reps; Salmon as first chair and Puth as vice-chair
QE unwind to take three to four years – Chicago Fed's Evans
The normalisation of the Fed's balance sheet would need to be conducted in manner that could be easily digested by markets, Evans said at the ACI Financial Markets Congress in Dublin
China FX reserves rise for a third straight month
PBoC figures show increase of $20.4 billion, resulting in the third consecutive monthly reading above $3 trillion
London retains top spot for offshore renminbi trading
The capital continues to dominate, despite the Chinese currency's overall share of payments shrinking, Swift says
IMF data shows limited adoption of renminbi as global reserve
Latest Cofer findings reveal renminbi holdings accounted for 1.07% of global FX reserves at end-2016
Morgan Stanley: markets misjudged ECB’s ‘hawkish’ meeting
Euro’s exchange rate could soon see a correction as markets reprice their ECB expectations
US Treasury fails to brand China a currency manipulator
In its first report on FX policies since Donald Trump took office, US Treasury issues China with a warning only, despite the president's campaign promise
China FX reserves inch higher in March
PBoC figures show increase of $3.96 billion, resulting in the second consecutive monthly reading above $3 trillion
Czech National Bank removes koruna cap
After three and a half years, the central bank scraps the floor on EUR/CZK
Markets gear up for end of Czech koruna cap
With inflation at its highest level since 2012, the CNB's change of language leads analysts to herald end of EUR/CZK floor
Fed presidents lay ground for extra rate hike
Evans, Rosengren and Williams all signal the possibility of a fourth rate hike in 2017 if the economy runs hot
SNB updates exchange rate indices calculation
Swiss central bank introduces a more comprehensive and up-to-date methodology
Simple tax cuts best for dollar, says CBA
If Trump is able to slash corporate tax rate to 15% and achieve income tax cuts along with infrastructure spending, then the dollar and the economy will see a boost